Structural Regulation

AllianceBernstein Wins Approval to Launch China Funds Business

04/01/2024

The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

PEPs & Sanctions

EU Sanctions World’s Largest Diamond Producer

04/01/2024

The move is in line with the ban on Russian diamonds introduced as part of the EU’s 12th package of sanctions last month.

Structural Regulation

China Adopts Company Law Revisions to Improve Governance

03/01/2024

The revised Company Law, which takes effect from 1 July 2024, improves protections for small and medium-sized shareholders.

Trading & Investment

SFC Sets Out Trigger Events Requiring Disclosure by ETF Managers

03/01/2024

The circular lists examples of events that may trigger ongoing disclosure requirements by management companies of ETFs.

Anti-Money Laundering

Regulation Asia: Top 20 News Stories for 2023

02/01/2024

This list presents the most-read news stories published by Regulation Asia in 2023, based on aggregated user traffic analytics.

Payments & Settlements

Regulation Asia: Top 10 Contributed Articles for 2023

02/01/2024

This list presents the most-read contributed articles published by Regulation Asia in 2023, based on aggregated user traffic.

Structural Regulation

Taiwan, Korea Reciprocally Lower Taxes on Dividend, Interest Income

01/01/2024

The agreement was signed in November 2021 after seven years of negotiations. It has taken until now for the required legislative processes.

AI Risk & Governance

Taiwan: FSC Drafts Guidelines for FIs on the Use of AI

01/01/2024

The guidelines are based on the six core principles released in October to promote responsible AI innovation in the financial industry.

Anti-Money Laundering

Philippines Tightens Travel Rule Requirements for Crypto

01/01/2024

VASPs are expected to obtain, verify, and hold originator and beneficiary information for transactions with unhosted wallets regardless of the amount involved.